This is the company’s sixth securitization; three others, the 2012-1, 2013-1 and 2015-1 transactions, are currently outstanding.

The collateral for this latest deal is similar to the 2015 transaction, with a weighted average contract balance of $12,728, weighted original term of 54 months and weighted average remaining term of 44 months. A smaller portion of leases (49%) are for office equipment, versus 59% for the 2015 transaction.

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